BSE Q3 Net Profit Surges 89% to Rs 61 Crore

INSUBCONTINENT EXCLUSIVE:
The BSE Board has recommended the issue of two bonus equity shares of Rs 2 each.New Delhi: India's leading stock exchange BSE has reported
Consolidated net profit attributable to the shareholders for Q3 jumped 89 per cent to Rs 61.29 crore from Rs 32.37 crore in the same period
last year, the exchange stated in a release on Tuesday.Revenue from operations soared 60 per cent to Rs 192.67 crore in the December quarter
of the current financial year (2021-22)
In the year-ago period, the figure stood at Rs 120.59 crore.On a yearly basis, BSE's average daily turnover in the 'Equity segment'
increased by 44 per cent to Rs 5,217 crore in Q3 FY 22.The exchange's average daily turnover in the 'Equity Derivatives segment' moved 23
per cent higher to Rs 2.47 lakh crore in Q3.The average daily turnover in the 'Currency Derivatives segment' surged by 29 per cent to Rs
27,124 crore.BSE StAR MF, the country's largest Mutual Fund Distribution platform, continued to rise with a total number of transactions
growing by 106 per cent.Also, the BSE Board has recommended the issue of two bonus equity shares of Rs 2 each.Ashish Kumar Chauhan, Managing
Director and Chief Executive Officer, said: "Continuing to act on multiple fronts of product innovation and technology, BSE remains focussed
to deliver sustained and profitable growth
We will continue our focus on improving operational performance in existing business and look at accelerating growth by enhancing the areas
we operate in via new businesses."